India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Asia-Pacific’s offshoring market is booming, set to hit $185.1 billion by 2032, driving significant office space demand. With the lowest operating costs and rapid growth in key cities like India and the Philippines, the region leads global offshoring, offering cost-effective, high-quality office solutions.
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Office space leasing in India’s major cities surged 44% in Q1, hitting 11.5 million sq ft, led by Mumbai, Bengaluru, and Chennai. Despite declines in some cities, the robust demand suggests a market shift, with a 33% increase in gross leasing, indicating strong corporate expansion trends.
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